US DoT under fire for failure to communicate with air cargo stakeholders
The US Department of Transportation (DoT) has failed to properly communicate with air cargo stakeholders, ...
CHRW: NEW HIGHS AND PAYOUT CONFIRMEDBA: GREEN LIGHTMAERSK: ONE UPGRADE AFTER ANOTHER FDX: STEADY YIELDCAT: DOWNSIDE RISKMAERSK: SOARINGMAERSK: CONGESTION RISK MAERSK: 'ACCELERATION OF GLOBALISATION' MAERSK: GEMINI NETWORK FLEXIBILITYMAERSK: SPOT RATES DIRECTION MAERSK: 'MORE DIVERSIFIED PORTFOLIO IN LOGISTICS NEEDED' MMAERSK: CASH DEPLOYMENTMAERSK: SPOT RATES MAERSK: REBALANCING OF GLOBAL TRADE MAERSK: UNIT COST BENEFITS QUESTIONED MAERSK: UNIT COSTS MAERSK: GEMINI-RELATED SAVINGSMAERSK: QUESTION TIME
CHRW: NEW HIGHS AND PAYOUT CONFIRMEDBA: GREEN LIGHTMAERSK: ONE UPGRADE AFTER ANOTHER FDX: STEADY YIELDCAT: DOWNSIDE RISKMAERSK: SOARINGMAERSK: CONGESTION RISK MAERSK: 'ACCELERATION OF GLOBALISATION' MAERSK: GEMINI NETWORK FLEXIBILITYMAERSK: SPOT RATES DIRECTION MAERSK: 'MORE DIVERSIFIED PORTFOLIO IN LOGISTICS NEEDED' MMAERSK: CASH DEPLOYMENTMAERSK: SPOT RATES MAERSK: REBALANCING OF GLOBAL TRADE MAERSK: UNIT COST BENEFITS QUESTIONED MAERSK: UNIT COSTS MAERSK: GEMINI-RELATED SAVINGSMAERSK: QUESTION TIME
FedEx has taken the US government to court, claiming it should not be held liable for inadvertently shipping products violating export bans on some Chinese companies. Reuters reports the parcel delivery firm took action after angering China by returning a Huawei-marked package to its sender last week. Shares in the company dropped 2.7% after that news became public, with fears China would blacklist FedEx. The company claimed the incident was a mistake. In court filings it says it should not be expected to enforce the export ban and could not reasonably be held liable for shipping products at it did not know about.
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